Arbuthnot Latham has been associated with banking since 1833. We combine private and commercial banking, wealth planning and investment management. We believe in traditional relationship and service-led banking powered by modern technology.
Diverse and talented, with exceptionally high professional standards and a passion to deliver the very best for our clients, our people are our most vital asset. Rewarding and challenging, Arbuthnot Latham prides itself on encouraging colleagues to reach their full potential within a supportive and progressive environment. Our value-led culture underpins everything we do and we believe that every colleague contributes to the growth and success of the business.
The Internship programme is 8 weeks long and starts on 24th June 2024. It is designed for students currently studying and undertaking a relevant University degree, returning to university in September 2024. Candidates must be available for the duration of the 8 week programme.
We are advertising a number of internships across different departments. Please apply to the one or two vacancies which best align with your academics and career aspirations. This vacancy will remain open until we have received enough applications. Therefore please apply promptly if you are interested.
The Private Banking Team Assistant will primarily focus on providing day-to-day administration and support to a team of Private Banking Executives (PBE), Private Bankers (PB) and their portfolio of clients. They will support Private Bankers with client acquisition and retention via client contact, but will primarily provide support in the preparation/submission of credit reviews, Know Your Client reviews, account opening and daily transaction reports.
Key responsibilities
Client service and Sales support
Manage account maintenance procedures – including account opening and account closing
Collation and submission of Credit Applications on behalf of PBE’s and PB’s
Monitor the return of Facility letters, and completion of LMF/interest rate/fee forms
Monitor, prepare and/or carry out annual credit reviews
Complete shadow postings daily
Monitor, prepare and/or complete annual client reviews – maintaining client files in the process
General Administration
Preparing client communications
Preparing account opening forms
Responsible for keeping client records updated
Instigating and maintaining client files
Private Banker’s organization
Organising, maintaining and coordinating diaries for the PB’s (including future planning of meetings, meeting preparation, planning for issues)
Organize travel schedules
Assist Bankers in the completion of money laundering / Know Your Customer (KYC) reviews and submission to compliance
Key Interfaces
Working within the team
PBE’s
Maintain excellent relationships with Operations, Treasury and Compliance
Person Specification
Knowledge / Experience
Customer service experience preferred but not essential
Strong interest in financial markets and HNW segment and market
A curiosity to understand wealth management and banking products
Multi-tasking capability
Ability to work under pressure
Qualifications / Skills
Proficient use of Microsoft Office applications
Strong written and verbal communications skills are essential for this role
Excellent time management and organizational skills
Competencies
Performance Focus
Customer Focus
Communication & Confidence
Working Proactively
About Us
Work, Life and Benefits
Arbuthnot Latham is committed to equal-opportunities for all staff and candidates. We embrace inclusion & diversity and understand why they are critical for the success of our business and people.
Arbuthnot Latham was founded in 1833. It has evolved and grown over the years and today offers private and commercial banking and wealth management designed around you.
At Arbuthnot Latham, relationships are everything. It is through knowledge, understanding and trust that we can help you on your personal and professional journey.
Having the right expertise at your side to minimise and manage risk, while realising your wealth’s potential, requires a fluid approach – a seamless service that connects you to highly trained, expert thinking.
